David Scott

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Madam Speaker, I rise today to honor Mr. Andre Moses White of Atlanta, Georgia, who passed away on June 9, 2020. Mr. White was the third of seven children born to Moses and Lucille White. He was raised in Tampa before relocating to Tallahassee and graduating from Lincoln High School. He then enrolled at Florida A&M University and earned a BS in Physical Education with a minor in Health Education. After graduating from FAMU, White was drafted by the Denver Broncos as a Tight End. He also played for the San Diego Chargers and was one of the first African Americans to sign with the Cincinnati Bengals. After a knee injury brought his football career to a close, White returned to Tampa to serve as the Equal Employment Opportunity Commission Officer for Hillsborough County. While there, he most notably launched the fight to remove the confederate flag from the County Seal. This was eventually accomplished in 2016. Mr. White's career also included following in his father's footsteps and operating Moses White's Cozy Comer BBQ restaurant, serving as the road manager for Marvin Gaye, and starting The Georgia Sentinel, a progressive news outlet for Atlanta's African American community. Mr. White was a member of numerous organizations, served on the board of Wayfield Food Stores, and was the President of the Moses White Foundation. Mr. White will be forever remembered as a dedicated servant from whom many in the community sought council. His wife of 55 years, Joyce White, died on April 2, 2020. He is survived by his siblings, 4 children, and grandchildren. Madam Speaker, I ask that you join me in offering our deepest and heartfelt condolences to the White family and friends. He will be greatly missed. May God continue to bless the family of Mr. Andre Moses White.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Madam Speaker, I rise today to honor Dr. Ivery Dwight Clifton of Winterville, Georgia, who passed away on January 1, 2020. Dr. Clifton was born on April 6, 1943, in Oliver, Georgia, to B.J. Clifton and Rosetta Benjamin Clifton. From the beginning, farming was in his blood. His parents, once sharecroppers, eventually became landowners and young Ivery passionately loved their South Georgia homestead. This reverence for the land and his parents' hard work inspired Dr. Clifton's dedication to agricultural-based research, teaching and administration. Dr. Clifton graduated from William James High School in 1961. Although his father relied on him to work the farm, his mother encouraged and supported his pursuit of higher education. He enrolled in Tuskegee Institute (University), receiving a B.S. in Agricultural Education in 1965 and an M.S. in Agricultural Economics in 1967. While at Tuskegee, he was active in the R.O.T.C., the yearbook staff, the military honor society (Scabbard and Blade) and worked as a dorm counselor to support his education. He met the love of his life, Patricia Ann Davis, during college. They wed on May 28, 1967, at the Tuskegee Chapel, a beautiful start to their 52-year marriage. Ivery and Pat's blissful beginnings were abruptly interrupted when he answered the call to serve his country in the Army as a Lieutenant during the Vietnam War. Leaving his first job as an agricultural economist with the Tennessee Valley Authority, he served as an advisor to the South Vietnamese Army, supervised tactical logistics and served as a Quartermaster. The intensity of his battle experiences forever shaped his commitment to civic duty. After his service in Vietnam, he was employed by the United States Department of Agriculture in Washington, D.C. There, he and his wife welcomed their first-born daughter, Kalisa Nicole. Subsequently, the family moved to Champaign, Illinois, where he earned a Ph.D. in Agricultural Economics in 1976 from the University of Illinois. Dr. Clifton returned to Georgia, accepting an appointment as an Assistant Professor of Natural Resource Economics at the University of Georgia in Athens in 1976. He advanced through department, college, and university level positions. Notably, Dr. Clifton was the University of Georgia's first African American Dean. He led the College of Agricultural and Environmental Services and his unique leadership skills resulted in an assignment to the Presidential Office as Associate Vice President for Academic Affairs. As his career progressed, the Cliftons were blessed with a second daughter, Kelli Rochelle. An advocate for diversity, Dr. Clifton served as graduate advisor to students from across the globe. He also championed the Young Scholars Program to develop a pipeline of minority students interested in the field of agriculture. Students described Dr. Clifton as a superb teacher. They noted his systematic use of hands-on experiments, along with excellent lectures and handouts to make the learning of difficult topics easy through his caring personality, effective communication skills and willingness to help individual students succeed whenever necessary. Throughout his career, Dr. Clifton made significant contributions to the profession of agricultural economics, especially farm production and natural resource economics. Published extensively, his innovative expertise in economic modeling has benefited research literature and the scientific community around the world. His major contributions have advanced state-of-the-art knowledge in understanding the policy implications of controlling non-point pollution and pricing of farm real estate. His work in developing hedonic pricing functions for farmland has been used to enhance understanding of the operation of real estate markets in the United States, Australia, and Ireland. Dr. Clifton retired as a Lieutenant Colonel from the U.S. Army Reserves after 27 years of service. After nearly 30 years at the University of Georgia, Dr. Clifton retired in 2003, as Professor Emeritus from the College of Agricultural and Environmental Sciences. Dr. Clifton was also a dedicated community servant leader. As a 43- year member of the First A.M.E. Church, he served on the Board of Trustees, taught bible study and led the Men's Fellowship. He was a member of Alpha Phi Alpha Fraternity, Incorporated and was a Charter Member of the Delta Psi Chapter of Sigma Pi Phi Fraternity, Incorporated (The Boule'). He was inducted into Leadership Georgia and Gridiron. His service with organizations such as Rotary, The Trust for Public Land, and countless local civic roles cemented friendships that he cherished. Recently, he ``unretired,'' sat for an exam and was appointed as a tax assessor by the Mayor and Commission of Athens- Clarke County Government. In 2016, The University of Illinois presented Dr. Clifton with the Alumni Award of Merit, given annually to graduates who have made significant contributions to their chosen profession. Madam Speaker, Dr. Clifton's life was defined by his service to his family, to our country, and to our community. He will be forever remembered as a husband, a father, a grandfather, a veteran, an educator, an administrator, a selfless servant, and a great friend. My wife, Alfredia, and I offer our deepest and heartfelt condolences to the Clifton family. We also lift up the family and friends of Ivery Clifton in our prayers.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Madam Speaker, I thank Congresswoman Adams. Let me just commend her as our leader of the HBCU Caucus up here. She does a marvelous job, and it is a pleasure to work with her. And I know all the people of North Carolina are very proud of the leadership that she is providing. Madam Speaker, this is a particular honor for me, because I stand here as a premier example of why our historically Black colleges and universities are so important. When I graduated from high school, my mother and father had no money. I got a job washing dishes in a Daytona Beach hotel, and the people of Daytona Beach, Florida, got together and raised $350, and they said, ``Here, go to the college of your choice.'' And thank God there was a Florida A&M University. And you know what, Madam Speaker? Florida A&M was on the trimester system. And guess what it cost for one trimester? $350. God is wonderful. And God has blessed this Nation because we have a Florida A&M, a Tuskegee, a North Carolina A&T, a Fort Valley, a Tennessee State. All of these great institutions to get a way out of no way for folks just like me. That is why this is important. I wouldn't be in Congress today if it weren't for Florida A&M University, because that is why I wanted to tell how I got here. And I wouldn't have been able to meet my loving partner and wife, Alfredia, had it not been for Florida A&M University. So what I am saying is: our historically Black universities have provided the foundation for the Black family structure. That is where you meet your wife. And I will tell you what, we took a survey one time, and those individuals that met their wives at college last a long time. And that is what is so important, in addition to the great education that we have. And I just want to say, also while I am here, of the great achievement that we Members of the Congressional Black Caucus achieved, a historical event, $80 million in scholarships for the 19 African American land-grant colleges and universities, a bipartisan historic effort. And you know what, Madam Speaker, it is in the farm bill now. Five years from now it will come back. And we have laid the foundation to make it a permanent appropriation. That is our goal. This floor is crowded with African Americans who have helped make this dream a reality. I am very grateful for all that our colleges have done. And I just want to say thank God for our historically Black colleges and universities. And thank Ms. Adams.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Madam Speaker, I rise today to honor the career of an extraordinary Georgian, Mr. Arthur Max Bacon. Max Bacon is a lifetime civil servant. He began his career at his local branch of the United States Postal Service, only retiring as the town's Postmaster in 2006 after 40 years. For some of that same time, he also served the citizens of Smyrna on their City Council for 6 years, after which he carried on his father's legacy and was elected as the Mayor of Smyrna in 1985. When he retires from his post at the end of this term, he will hold the title of the longest-serving mayor in the city's history. Mayor Bacon is a life-long resident of Smyrna's 15 square miles. He attended Smyrna Elementary School and graduated from Campbell High School in 1966. In that time, he has seen it transform from a small community to a lively, diverse suburb at the edge of Atlanta in Cobb County. Since Mayor Bacon began his tenure as mayor, Smyrna has more than doubled in residency, growing to become the second most-populated city in the county. However, that growth did not come without its challenges, which Mayor Bacon has maneuvered handedly, allowing the city to reinvent itself over the years. Through his long span of leadership, Mayor Bacon has received numerous prestigious awards. Some highlights of those are: the 1993 Georgia Municipal Association Community Leadership Award, the Cobb County 1997 Citizen of the Year from the Marietta Daily Journal, the 2001 Citizen of the Year Award from the Smyrna Area Council of the Cobb County Chamber of Commerce, and the 2015 Dr. Martin Luther King, Jr. Humanitarian Award by Campbell High School. Mayor Bacon will be remembered for serving his tireless efforts to serve his hometown and improve the lives of its residents. A mark of a true leader is doing what you think is right, even if it is not the most politically popular choice. Throughout his time as the head of the city of Smyrna, Max Bacon did just that. He is leaving behind an extraordinary legacy, and it is only fitting that we commemorate his contribution to the Smyrna, and the greater Georgia community. Madam Speaker, I ask that you join me in congratulating Max Bacon on his retirement, and I extend my sincerest wishes for his continued health and happiness. May God continue to bless Mr. Arthur Max Bacon.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 4860) to amend the Securities Act of 1933 to subject crowdfunding vehicles to the jurisdiction of the Securities and Exchange Commission, and for other purposes, as amended.

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks on this legislation and to insert extraneous materials therein.

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I yield myself such time as I may consume. First of all, Mr. Speaker, I would like to thank our ranking member of the Financial Services Committee, Representative McHenry, for his efforts in crafting this very important piece of legislation to help startups finance their operations while still protecting the investors who entrust their hard-earned funds to those companies. Equity crowdfunding is a high-risk, high-reward investment that allows hundreds, or even thousands, of retail investors to invest in startup companies. But because of the unique and heightened risks posed by crowdfunding, Congress and the Securities and Exchange Commission have put in place guardrails to prevent these less-sophisticated investors from suffering financial ruin while still being able to access this area of the market. Now, in 2012, Congress cautiously approached equity crowdfunding by creating a number of investor protections in the Jumpstart Our Business Startups Act, or the JOBS Act. The SEC followed our directions and finalized a crowdfunding rule that protects investors by setting reasonable investment limits based on income and provides helpful disclosures for investors to weigh the risks. This bill aims to enhance the investor and company experience in crowdfunding by authorizing crowdfunding vehicles to pool investors together, allowing them to make joint investments totaling $1 million in a single business. These vehicles would be advised by a registered investment adviser with a fiduciary duty to act in the best interests of the fund. Importantly, the investors would have the same rights to sue companies as if they had directly invested in the company itself--a very, very important point, Mr. Speaker. This bill also clarifies that as long as a crowdfunding company continues to make ongoing disclosures to investors required under SEC's rule, it would not have to make the more detailed public reports until it had either a $75 million value or $50 million in revenue. This change is consistent with the levels set under Regulation A, another exempt offering sold to retail investors. I am very pleased that the bill also incorporates targeted improvements to crowdfunding for all investors and start-ups and lacks problematic provisions that were opposed by consumer advocates like the Consumer Federation of America in previous Congresses, including additional changes that Chairwoman Waters and our ranking member agreed on this Congress. Although crowdfunding should be viewed as highly risky in terms of investment, especially for retail investors, this bill will ensure a larger choice of high-quality crowdfunding companies and a higher degree of finance savvy for investors. And, in addition, it may help to ensure compliance with regulation crowdfunding.

Mr. DAVID SCOTT of Georgia. I yield to the gentleman from North Carolina.

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I urge all Members to vote for this bill, and I want to commend the ranking member for his excellent work. I yield back the balance of my time.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 2514) to make reforms to the Federal Bank Secrecy Act and anti-money laundering laws, and for other purposes, as amended.

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days within which to revise and extend their remarks on this legislation, and to insert extraneous material thereon.

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I yield myself such time as I may consume. In recent weeks, we have had the opportunity to discuss the valuable anti-money laundering aspects of the COUNTER Act of 2019, H.R. 2514, introduced by the gentleman from Missouri (Mr. Cleaver). This important piece of legislation is the first major reform in the United States anti-money laundering regime since 2001 and makes critical changes to close loopholes and ensure better enforcement of this country's AML and Bank Secrecy Act laws. Today, I would like to highlight how this bill also addresses the costs and burdens of the Bank Secrecy Act and anti-money laundering compliance for smaller financial institutions, including credit unions and community banks. This bill includes multiple avenues to improve information-sharing and feedback loops, including new programs of domestic liaisons for the Financial Crime Enforcement Network of FinCEN, sending FinCEN officials to the field to connect directly with financial institutions. It also makes permanent the FinCEN Exchange program, allowing for more robust exchange of threat information and analysis among participants. It revives the popular ``SAR Activity Review,'' which was a FinCEN publication that provided timely threat detection information, which will help banks to better direct their resources, and result in more efficient and effective collection of information from both banks and law enforcement. The COUNTER Act also codifies the Federal financial regulators' guidance to encourage resource-sharing among similar institutions. Mr. Speaker, we heard from many smaller institutions that they were more apt to invest in resource-sharing if they knew that the permission to do so wouldn't change with new directors or administrations. The bill also raises the Currency Transaction Reports threshold, increasing it every 5 years, pegged to inflation. This is a key issue for smaller institutions and addresses their concerns, while balancing the investigative needs of law enforcement. Further focused on the compliance burden, this bill requires FinCEN, working with industry and law enforcement, to consider the design of a shortened, modified Suspicious Activity Report, or SAR, form for certain customers and activities. These reforms are among the reasons that the National Association of Federally Insured Credit Unions, the Independent Community Bankers of America, the Credit Union National Association, all of the State banking associations, and many, many others have expressed support for this important bill. Overall, I believe that the COUNTER Act of 2019 is a significant step forward for small businesses, law enforcement, and other stakeholders. I want to thank Mr. Cleaver for introducing this bill, and I want to thank our Republican colleagues for working collaboratively with a team effort to refine this legislation, for this is truly a bipartisan bill, ensuring that this bill passed out of the Financial Services Committee with a unanimous 55-0 vote. Mr. Speaker, I reserve the balance of my time.

Mr. DAVID SCOTT of Georgia. Mr. Speaker, I yield myself the balance of my time. This is a very critical piece of legislation for our financial services industry that will help close loopholes in existing law, and prevent criminals, prevent terrorists, and other bad state actors from escaping the United States Anti-Money Laundering and Counter-Threat Finance laws; it is badly needed, and that is why this is so important. I am proud to stand up to support small businesses here today, while we are making important and necessary updates to these regimes. I would especially like to congratulate my colleague from Missouri, Mr. Cleaver, the chairman of the House Committee on Financial Services, National Security, International Development, and Monetary Policy Subcommittee for introducing this bill. A champion of small business himself, Mr. Cleaver has diligently engaged stakeholders, including government, industry, nongovernmental organizations, and Members from across the political spectrum on the text that we vote on here today. The result is this comprehensive bill with broad bipartisan support. I urge my colleagues to join me in supporting this important piece of legislation. Mr. Speaker, I yield back the balance of my time.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Madam Speaker, I move to suspend the rules and pass the bill (H.R. 4067) to amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes, as amended.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I ask unanimous consent that all Members may have 5 legislative days within which to revise and extend their remarks on this legislation and to insert extraneous material thereon.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I yield myself such time as I may consume. Madam Speaker, my bill, H.R. 4067, is a response to a national crisis that we have in terms of taking better financial care of the American people. This bill is called the Financial Inclusion in Banking Act, and almost the entirety of what we are doing is included in those two words, ``financial inclusion.'' It truly reflects the key focus of this legislation, which is ensuring that, in this Nation, consumers of all backgrounds, of all races, of all income levels have access to our great financial system and our financial products that are affordable, that are safe, and that meet their needs. The benefits of traditional banking and financial inclusion may not be immediately apparent, Madam Speaker, until one considers the cost and the long-term struggles of financial exclusion. Imagine, we have people, millions of households, without even a checking account. Simple tasks suddenly become more challenging without a checking account, more time-consuming, more expensive. Without a bank account, the simple act of accessing their own paychecks causes millions of consumers in this country to rely on costly check-cashing services or high-fee money orders. Take paying a utility bill, just paying your light bill or your gas bill means a trip across town and a lengthy wait in line to pay your bill in cash if you find a place where you can even cash your paycheck without a bank account. When the 31st or the 30th of each month arrives, and the financial ends don't meet, families are out there, millions of our families in America who are forced to payday lenders, to pawn shops for loans, to predatory bad actors, to loan sharks, just to make do. In the event of a tragedy, a hospital trip, a family emergency, these challenges are multiplied many times over. The reality is that, in our increasingly highly technical electronic online banking system and broadband, and in an increasingly credit- based economy, unbanked and underbanked consumers are being left behind. They are being abandoned to the predators that are out there. The FDIC gave some very valuable statistics from a report just a few months ago. It reported that 8.4 million American households--that is not the individuals; it is just the households. Nobody in these households is considered in a way that they have a checking or a savings account. 8.4 million American households, nobody in the house, not mama, not daddy, not grandmama, not uncle, not cousin, nobody in that household has even a bank account. Then, according to the FDIC, an additional 24.2 million American households are underbanked, which means that that household has limited access to traditional banking but has to rely on the use of risky alternative financial services to manage just basic maneuvers in their financial lives. I want to take a moment, Madam Speaker, to fully explain and describe the nature of this problem. I hope the American people who are listening will understand now why I say we have a national crisis and this is why we need my bill. The Financial Inclusion in Banking Act, a bill I was proud to introduce earlier this year, gets to the heart of this issue. This is what it does. It directs the Consumer Financial Protection Bureau to: one, research factors standing in the way of financial inclusion of the American people so we can understand the hurdles that these individuals and our consumers face; two, the bill will also direct the CFPB to recommend best practices to increase participation in the formal banking sectors to bring our consumers out of the shadows of risky, predatory, alternative financial services; and, three, my bill will direct the CFPB to work with minority depository banks, African American-owned banks and institutions, consumer advocates, and civil rights groups to make sure that their recommendations--they are out there grappling day to day with the unbanked and underbanked. They need to be brought to the table so we can learn from these groups what we must do in order to reflect the needs of the most marginalized and unbanked consumers among us and the most underserved communities across our Nation while also simultaneously strengthening and growing many of the minority-owned banking institutions, African American institutions particularly. Madam Speaker, do you know that there has not been a new African American-owned bank in the last 25 years and that we are losing minority banking ownership? What better opportunity? Who knows best this group that is marginalized? We will be able to solve two problems, enrich and grow our minority depository institutions while at the same time providing a way to get nearly 58 million Americans out of the grasp of these predators and into our great banking system. Finally, H.R. 4067 will direct the CFPB to promote strategies to improve financial education. You cannot have consumer financial protection for the American people if you don't have consumer financial education for the American people. That is an integral part that will empower them with the tools necessary to manage their financial lives. Personal financial education is the key, especially for our young people. But you know how terribly critical this issue is? Only 17 of 50 States in our Nation's public school systems even require a course in financial education, only 17. We can do much better. This bill will start the wheel moving. And we are going to be bringing another bill so that we can be able to give the Consumer Financial Protection Bureau grant-making authority. Madam Speaker, we are the richest Nation in the world. We need to apply our resources, and we need to pass legislation that will mandate the teaching of financial education in all 50 States, not just 17. I have to thank a lot of people who have been working with me for my bill. First, I thank our chairwoman, Ms. Maxine Waters, who has been working with us and her staff and my staff as we tackle this issue. I also thank my friends from the other side, the Republicans who are working with us, as well, for this is not a Democratic issue or a Republican issue. This is an American issue. And we will bring the energy to make sure that we are able to pass this bill. I am proud to put the bill forth, and I urge my colleagues to vote in favor of it. Madam Speaker, I reserve the balance of my time

Mr. DAVID SCOTT of Georgia. Madam Speaker, first, I would like to inquire if the gentlewoman has any more speakers.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I am so glad that the gentlewoman mentioned Sean Duffy. I thank Mrs. Wagner for doing that. Madam Speaker, Sean Duffy literally--to tell you the truth, I told him in committee, when he didn't show up, when we found out so we couldn't give our great speeches for him, I told him he broke my heart when I heard he wasn't coming back. I said here we are working on this monumental bill, he was the lead Republican sponsor on it and has brought it a mighty long way. But a great American has decided to retire from the Congress, Madam Speaker, and that is Sean Duffy of Wisconsin. He and I served on that committee for years, and he has played a monumental role with us in this bill. We wouldn't be here with it on the floor with the strong bipartisan support we have if it weren't for the leadership of Sean Duffy.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I yield to the gentlewoman from Missouri (Mrs. Wagner).

Mr. DAVID SCOTT of Georgia. Madam Speaker, I am urging that we get a unanimous vote on this, that every single Member of Congress will send a powerful message that we are no longer going to stand by and have 58 million Americans out there waiting for the pawns of these predatory lenders, these loan sharks, and others. No. We want to bring them out of the shadows and bring them into our great American financial system. Madam Speaker, I urge everyone to vote for the bill, and I hope we have a unanimous vote. Madam Speaker, I yield back the balance of my time.

Mr. DAVID SCOTT of Georgia

Mr. DAVID SCOTT of Georgia. Madam Speaker, I move to suspend the rules and pass the bill (H.R. 1865) to require the Secretary of the Treasury to mint a coin in commemoration of the opening of the National Law Enforcement Museum in the District of Columbia, and for other purposes, as amended.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I ask unanimous consent that all Members may have 5 legislative days within which to revise and extend their remarks on this legislation and to insert extraneous material thereon.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I yield myself such time as I may consume. Madam Speaker, in 2000, Congress passed and President Clinton signed into law the National Law Enforcement Museum Act. That bill authorized the construction of the National Law Enforcement Museum to commemorate the service and sacrifices of our U.S. law enforcement officers, a very, very important piece of legislation. The National Law Enforcement Museum opened its doors in October of 2018 with a mission to honor the lives of service and sacrifice of America's law enforcement officers, serve as an important bridge between law enforcement's past and present, and strengthen the relationship between law enforcement and the communities that they serve. This bipartisan legislation authorizes the Department of the Treasury to mint $5 gold coins, $1 silver coins, and half-dollar coins in 2021 to commemorate the National Law Enforcement Museum and the service and sacrifice of law enforcement officers throughout history. Proceeds from the sales of these coins will go toward funding the museum's educational and outreach programs and exhibits. Madam Speaker, I thank Mr. Pascrell of New Jersey--as I affectionately refer to him, the mayor of Paterson, New Jersey, a great town--for introducing this bill this Congress, and I urge Members to vote ``yes.'' Madam Speaker, I reserve the balance of my time.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I yield 5 minutes to the gentleman from New Jersey (Mr. Pascrell), a distinguished gentleman and the sponsor of this important piece of legislation.

Mr. DAVID SCOTT of Georgia. Madam Speaker, I yield an additional 1 minute to the gentleman from New Jersey.